Topics:
CH-6: EMPLOYMENT : GROWTH, INFORMALISATION AND OTHER ISSUES, Indian Economic Development, NCERT Books
Definition of Economic Activities
Those activities which contribute to the gross national product are called:
- Social activities
- Economic activities — Correct Answer
- Political activities
- Cultural activities
Explanation:
Correct Answer Explanation
Those activities which contribute to the gross national product are called economic activities.
Key Points:
- All those who are engaged in economic activities, in whatever capacity — high or low, are workers.
- Economic activities include work on farms, factories, banks, shops and other workplaces.
- The total money value of all final goods and services produced in a country in a year is called GDP.
- When we add net earnings from foreign transactions to GDP, we get GNP.
Why Other Options Are Wrong
- A, C, D: Social, political, and cultural activities do not directly contribute to GNP and are not classified as economic activities.
📚 About this Topic — CH-6: EMPLOYMENT : GROWTH, INFORMALISATION AND OTHER ISSUES
This multiple choice question is from CH-6: EMPLOYMENT : GROWTH, INFORMALISATION AND OTHER ISSUES, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-6: EMPLOYMENT : GROWTH, INFORMALISATION AND OTHER ISSUES to strengthen your preparation.
